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Dec 28, 2012
12/12
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government bonds still have a role. government bonds with credit on top if you like. so we were one of the first private banks to buy ultra long corporate bonds normally held by pension funds reflecting the fact that you have above average risk premiums and potential risk correlation. so that's attractive. an area that's really suffered, ctas. >> ctas? >> ctas really suffered. >> what are ctas? >> commodity trading advisers is what they're short of. it's a style of hedge fund management and it did very well in '08 and '01 or '2. they've struggled for a couple of years. but still importantly they still have a negative correlation. >> i'm just wondering what happens with the cliff impact on gold. you know, if we find the cliff solution, if we find a mediocre solution, if we find no solution, are we going to see a huge swing in the price of gold? >> well, gold has a safe haven role. it has had a safe haven role just like other assets that you mentioned that could be hemgs against equity movements such as these safe haven bonds such as german ones, u.s. ones, maybe japane
government bonds still have a role. government bonds with credit on top if you like. so we were one of the first private banks to buy ultra long corporate bonds normally held by pension funds reflecting the fact that you have above average risk premiums and potential risk correlation. so that's attractive. an area that's really suffered, ctas. >> ctas? >> ctas really suffered. >> what are ctas? >> commodity trading advisers is what they're short of. it's a style of hedge...
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Dec 31, 2012
12/12
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to govern, i'm a pretty practical guy. and i just want to make sure that things work and one of the nice things about never having another election again, i will never campaign again, is, you know, i think you can rest assured that all i care about is making sure that i leave mind an america that is more stable, more secure than it was when i came into office and that's going to continue to drive me. and i think that the sh we're dealing with right now in the fiscal cliff is a prime example of it. what i'm arguing for are maintaining tax cuts for 98% of americans. i don't think anybody would consider that some liberal, left wing agenda. it used to be considered a mainstream agenda. and it's something we can accomplish today if we simply allow for a vote in the senate and in the house to get it done. the fact that it's not happening is ancation of, you know, how far certain factions inside the republican party have gone where they can't even accept what used to be centrist mainstream positions on these issues. i'm an optimi
to govern, i'm a pretty practical guy. and i just want to make sure that things work and one of the nice things about never having another election again, i will never campaign again, is, you know, i think you can rest assured that all i care about is making sure that i leave mind an america that is more stable, more secure than it was when i came into office and that's going to continue to drive me. and i think that the sh we're dealing with right now in the fiscal cliff is a prime example of...
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Dec 29, 2012
12/12
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govern, everyone. i'm christine romans, welcome to our help desk special. the best way to make money is make sure your money is working for you. be honest. maybe you'd rather go to the dentist than get an annual checkup of your money. here goes. sit down. it won't hurt. you won't have the to give up your morning latte or anything like that. three drivers for your health, job, investment and health. a great year for the s&p 500. did you miss it? the s&p is up around 13% so far this year. the dow is above 13,000 again. calm it the ben bernanke rally. his fed pumping billions of dollars into the company, and stocks are loving it. but individual investors have missed it. stock, mutual fund outflows upwards of a trillion dollars so far this year. don't feel bad. hedge funds running scared, too. what's been scaring everybody? the fiscal cliff, anemic u.s. growth, europe's financial crisis, china's slowdown. so proceed, but proceed with caution. co-founder and president of ulta capital management, jack otter, editor and author of "worth it, not worth it" and walte
govern, everyone. i'm christine romans, welcome to our help desk special. the best way to make money is make sure your money is working for you. be honest. maybe you'd rather go to the dentist than get an annual checkup of your money. here goes. sit down. it won't hurt. you won't have the to give up your morning latte or anything like that. three drivers for your health, job, investment and health. a great year for the s&p 500. did you miss it? the s&p is up around 13% so far this year....
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Dec 26, 2012
12/12
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the government has promised to ban the use of all wild animals in england. >>> how is this? >> not very much to a father. >> free con dms to high schoolers? the city of philadelphia says it's to help stop a health crisis there. but is it just promoting sex? meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the all-new 47 combined mpg c-max hybrid. alriwoah! did you get that? and...flip! yep, look at this. it takes like 20 pictures at a time. i never miss anything. isn't that awesome? uh that's really cool. you should upload these. i know, right? that is really amazing. the pictures are so clear. kevin's a handsome devil that phone does everything! search dog tricks. okay, see if we can teach him something cool. look at how lazy kevin is. kevin, get it together dude cmon, kevin take 20 pictures with burst shot on the galaxy s3. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all y
the government has promised to ban the use of all wild animals in england. >>> how is this? >> not very much to a father. >> free con dms to high schoolers? the city of philadelphia says it's to help stop a health crisis there. but is it just promoting sex? meet the five-passenger ford c-max hybrid. c-max says ha. c-max says wheeee. which is what you get, don't you see? cause c-max has lots more horsepower than prius v, a hybrid that c-max also bests in mpg. say hi to the...
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Dec 31, 2012
12/12
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in that light please simply grow up, govern, but more importantly support middle class policies. >> all right. so both parties now telling us they want to fix this thing. they don't want to go, you know, head first over the fiscal cliff at midnight. how they're going to get there, though, still uncertain with mere hours to go. it's not just the i-reporters baffled and worried about the fiscal cliff. wall street is baffled and worried. let's get straight to alison kosik at the new york stock exchange. investors clearly on edge and stocks are lower and up and down, they aren't going to make any big moves on the last day of the year not knowing what's going to happen with the cliff. >> a wait and see mode, christine. the stocks are flat right now. the investors are waiting for lawmakers to make their move. what's interesting this session, stocks started off deeper in the red. they turned around. they're more flat now because the market really is trading on these headlines coming out of washington. right now those headlines seem more positive than negative. volatility could pick up toward t
in that light please simply grow up, govern, but more importantly support middle class policies. >> all right. so both parties now telling us they want to fix this thing. they don't want to go, you know, head first over the fiscal cliff at midnight. how they're going to get there, though, still uncertain with mere hours to go. it's not just the i-reporters baffled and worried about the fiscal cliff. wall street is baffled and worried. let's get straight to alison kosik at the new york...
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Dec 29, 2012
12/12
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it's about the role of government in americans' lives. lower taxes versus more of a social safety net. and every time they come close to a deal, it falls apart because they have this fundamental disagreement about ideas. that's how we got here. they cannot agree on this basic notionation over this idealogical divide in america. >> what happens next? how likely it is we will go over the fiscal cliff. i'm curious what the mood is like in washington, d.c. right now? >> there's an infinitesimal improvement in washington because of the meeting today, but i still would say the odds, the people placing bets in this town still expect that the nation will go over the fiscal cliff. still a little more hope than when we woke up this morning, but no one is counting on being off on new year's eve. >> jessica, thanks. more now on the raw politics with "new york times" columnist raffle, and cornell belcher. the president said he wanted to see a straight up or down vote. as we mentioned, that will happen on monday in the senate. he could lose that up or
it's about the role of government in americans' lives. lower taxes versus more of a social safety net. and every time they come close to a deal, it falls apart because they have this fundamental disagreement about ideas. that's how we got here. they cannot agree on this basic notionation over this idealogical divide in america. >> what happens next? how likely it is we will go over the fiscal cliff. i'm curious what the mood is like in washington, d.c. right now? >> there's an...
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Dec 29, 2012
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while it seems silly and petty right now is about the fundamental difference, the role of government in americans' lives. lower taxes versus more of a social safety net. and every time they come close to an agreement, it falls apart because they have a fundamentally different idea on the issues. they have this divide in america, randy. >> so what happens next? how likely is it that we'll go over the fiscal cliff? i'm curious about the mood in washington right now. >> there is an increase in optimism because of the mood out of that meeting today. but i still would say the people who are -- placing bets in this town still expect that the nation will go over the fiscal cliff. so still a little bit more hope than what we woke up this morning, but no one is counting on being off on new year's eve. >> randy. >> jessica, thank you, more now on the raw politics, good to see you both. cornell, let me start with you here, the president said he wanted to see a straight up or down vote. as we mentioned that could happen in the senate. we could lose the up or down vote. >> you are going to see so
while it seems silly and petty right now is about the fundamental difference, the role of government in americans' lives. lower taxes versus more of a social safety net. and every time they come close to an agreement, it falls apart because they have a fundamentally different idea on the issues. they have this divide in america, randy. >> so what happens next? how likely is it that we'll go over the fiscal cliff? i'm curious about the mood in washington right now. >> there is an...
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Dec 25, 2012
12/12
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it was an intense difficulty for us because none in our government knew about the private channel. literally no one except nixon and me and one or two people who were technicians. >> but let me ask you about the risks here because the chinese are a complete black box to you. all you know is that they're pretty crazy, at least seemingly so from the cultural revolutions. >> absolutely. >> so this whole thing if exposed could have been a disaster. >> and, therefore, it was to the enormous credit of nixon that he would take those risks. >> did he worry about the risks when you would talk about them? >> you know, nixon on issues of national interest was enormously courageous, and what's even more remarkable is that nixon was inherently a pessimist and even when taking these risks had a certain sense of doom, that they might not really work, but he felt this was the one move that had to be made. unfreeze the situation. >> so he decides that you will go to china? >> yes. >> when we come back the secrets and the stealth deploiplomacy t made it all happen. issues with three strains of good
it was an intense difficulty for us because none in our government knew about the private channel. literally no one except nixon and me and one or two people who were technicians. >> but let me ask you about the risks here because the chinese are a complete black box to you. all you know is that they're pretty crazy, at least seemingly so from the cultural revolutions. >> absolutely. >> so this whole thing if exposed could have been a disaster. >> and, therefore, it was...
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Dec 28, 2012
12/12
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now as government is shrinking, there's more of a problem. unfortunately, it requires the work of cnn and other reporters to bring to light, sometimes it's almost embarrassment that causes them to go forward. so there really is a lack of oversight and a need for more ins forment. >> i'm sure you're concerned people at home are listening and saying maybe i shouldn't donate. maybe it makes them afraid to donate. what do you say to them? >> for every horrible story, there's a great story and fantastic charities. the united way of westchester, connecticut, is involved and they're having the community help where the money goes. you have save the children, a whole lot of organizations out there that have a track record, a reputation. they do wonderful work. don't despair. please just do a little research and don't just give on impulse. >> all right, ken berger, appreciate your time tonight. thank you. >> sure. >> and just a note from a local official in newtown. she said the town has received so many gifts since the tragedy that the post office and
now as government is shrinking, there's more of a problem. unfortunately, it requires the work of cnn and other reporters to bring to light, sometimes it's almost embarrassment that causes them to go forward. so there really is a lack of oversight and a need for more ins forment. >> i'm sure you're concerned people at home are listening and saying maybe i shouldn't donate. maybe it makes them afraid to donate. what do you say to them? >> for every horrible story, there's a great...
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Dec 26, 2012
12/12
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well knows when he signed it is as long as you're in congress you will reign in spending and reform government, not raise taxes. it not for 500 years or two generations. it's only as long as you're in the house or the senate. if he stayed too long, that's his problem. but you don't tell the bank, other, the mortgage, wasn't that long time ago? if you make a commitment, you keep it. >> coming up, was mitt romney done in by his own party? when we come back, the republican presidential candidates who may have inflicted mortal damage on him rather than president obama. >> i'm just going to go back to the empty chair, when i was going to be todd akin, who was going to talk to me about what hide said about rape and women. sin ints just the chair, my obvious question would have about why are you such an offensive idiot to women? and the second obvious question, which again has to go to the chair unfortunately, would be why haven't you resigned yet? anyway, let's leave it there, shall we? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving m
well knows when he signed it is as long as you're in congress you will reign in spending and reform government, not raise taxes. it not for 500 years or two generations. it's only as long as you're in the house or the senate. if he stayed too long, that's his problem. but you don't tell the bank, other, the mortgage, wasn't that long time ago? if you make a commitment, you keep it. >> coming up, was mitt romney done in by his own party? when we come back, the republican presidential...
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Dec 24, 2012
12/12
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the syrian government said they had nothing to do with the attac attacks. they blame terrorists. what do americans think of the war in syria? according to a new poll, most are concerned but not enough for direct u.s. involvement. take a look at this. our numbers show that 34% are very concern ed about the situation in syria. just 46% somewhat concerned. but the majority of americans, 52%, oppose the u.s. and other countries using force to establish safe zones for opposition forces. >>> other international headlines to tell you about today, we expect to find out the official results of egypt's constitutional referendum vote. unofficial results of the second round published by state-run media show a commanding 64% of egyptians approved the new constitution drafted by an assembly dominated by the muslim brotherhood. several cases have already been filed in the courts to challenge that vote. >>> check out these photos from one of the most luxurious auctions of the year. they sold off thousands of treasures confiscated from former president ben ali who went into exile two years ago. l
the syrian government said they had nothing to do with the attac attacks. they blame terrorists. what do americans think of the war in syria? according to a new poll, most are concerned but not enough for direct u.s. involvement. take a look at this. our numbers show that 34% are very concern ed about the situation in syria. just 46% somewhat concerned. but the majority of americans, 52%, oppose the u.s. and other countries using force to establish safe zones for opposition forces. >>>...
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Dec 26, 2012
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that's a critical concern whether it's government officials or military officials who leave the government. suzanne. >> i want to remind our viewers what we're talking p here when we talk about syria. in the past few days we're talking about at least 365 people who have been killed on top of more than 100 people killed in an air attack sunday on a bakery. when someone like this of this high stature defects, what does this tell you about the state of the rebel forces? what does this tell you about the possibility of this thing ending anytime soon? >> reporter: the news out of syria, especially in the last few days, gets worse and worse. you have diplomatic talks going on with syria. it's the joint envoy to syria. every day the news is more horrific. each day in the last few days more than 100 people killed on each successive day including today. we hear from opposition activists and free syria army members they're gaining momentum and they're taking over more territory in and around the capital and in parts of the north of the country. it seems to suggest that assad is losing more grip on p
that's a critical concern whether it's government officials or military officials who leave the government. suzanne. >> i want to remind our viewers what we're talking p here when we talk about syria. in the past few days we're talking about at least 365 people who have been killed on top of more than 100 people killed in an air attack sunday on a bakery. when someone like this of this high stature defects, what does this tell you about the state of the rebel forces? what does this tell...
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Dec 25, 2012
12/12
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we want to work with the government to bring them all out from the prison, and they deserve a better future. this work is the only thing for me and with your support we can keep going. thank you. [ applause ] >>> coming up, olympic gold medalist cullen jones. and later, we announce the 2012 cnn hero of the year. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. [ sniffs ] i took dayquil but my nose is still runny. [ male announcer ] truth is, dayquil doesn't treat that. really? [ male announcer ] alka-seltzer plus fights your worst cold symptoms, plus it relieves your runny nose. [ breathes deeply ] awesome. [ male announcer ] yes, it is. that's the cold truth! >>> i was 5 years old when my parents wanted to take me to a water park. i was really excited. but unfortunately i never had swim lessons. but my dad wanted to get on the biggest ride there and me looking up to him i wanted to follow suit. i pushed off and when i
we want to work with the government to bring them all out from the prison, and they deserve a better future. this work is the only thing for me and with your support we can keep going. thank you. [ applause ] >>> coming up, olympic gold medalist cullen jones. and later, we announce the 2012 cnn hero of the year. in what world do potatoes, bacon and cheese add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer...
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Jan 1, 2013
01/13
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we hit our borrowing limit with the federal government here. we can only borrow so much money as thourzed by congress. think about it like your credit card company. if you want to borrow more, you have to ask for more. money can be shifted around for a couple of month. by late february, however, we're going to have to have this fight over the debt ceiling again and many of the budget hawks were already braced for that without this priming the pump. beyond that, what about the payroll tax cut in this was a 2% cut in your payroll tacks last year. almost every american enjoyed this. it took down their social security taxes, put a few extra dollars in their pockets. that expired at the end of last year, at the end of 2012. so many republicans are not necessarily thrilled oifr thatway because they could say that is a tax increase on the middle class. really it's not but certainly it's going to feel that way to a lot of people. what about the begin one? sequestration. remember, that's a long fancy world for a deal that both parties agreed to. they bo
we hit our borrowing limit with the federal government here. we can only borrow so much money as thourzed by congress. think about it like your credit card company. if you want to borrow more, you have to ask for more. money can be shifted around for a couple of month. by late february, however, we're going to have to have this fight over the debt ceiling again and many of the budget hawks were already braced for that without this priming the pump. beyond that, what about the payroll tax cut in...
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Dec 24, 2012
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the syrian government, for its part, is saying they did not do this. they say this was the work of terrorists. that's the term they use for opposition forces, for rebel forces in syria. they say that, in fact, this town was attacked, that that's how this bakery was shelled, and they say that then they came in and intervened at the behest of the members of the town there. there is some more that we need to tell you about. lakhdar brahimi, the joint u.n. arab league envoy to syria, he went to syria yesterday and spoke to bashar al assad trying to forge a path towards peace. here's more what he told reporters about what he spoke to president bashar al assad about. >> translator: we have exchanged opinions about the possible steps that can be taken in the future. the syrian president spoke about his view of the situation. i also talked about the meetings i have had abroad in several cities with various officials in the region and outside the region. i also talked about which steps would i say are appropriate to be taken to help the syrian people to get out
the syrian government, for its part, is saying they did not do this. they say this was the work of terrorists. that's the term they use for opposition forces, for rebel forces in syria. they say that, in fact, this town was attacked, that that's how this bakery was shelled, and they say that then they came in and intervened at the behest of the members of the town there. there is some more that we need to tell you about. lakhdar brahimi, the joint u.n. arab league envoy to syria, he went to...
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Dec 28, 2012
12/12
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>> divided government that is getting deeper red, deeper blue, right? and there doesn't seem to be any clear leader coming forward to bridge the gap. >> more polarized top to bottom. when you look at the coalitions of the national level, mitt romney won almost 90% of votes from whites, and president obama won over 40% from nonwhites. look at the states on issues like gay marriage or the obama health care plan. blue and red states leading you in very different directions. and you get to congress. the vast majority of leaders are voted in by those who are divided. have you two cohessive coalitions. it's harder to bridge them what is the alternative? we're all here, none of us are going away. we'll find ways to work together or find more self-inflicted wounds like the fiscal cliff. >> the idea, republicans and this is the idea that has been floated, will let us go off the cliff sor they or certain members won't have to raise taxes. >> they will cut taxes retroactive retroactively. >> seems like a bad way to go. >> look, this was a machine built to encourag
>> divided government that is getting deeper red, deeper blue, right? and there doesn't seem to be any clear leader coming forward to bridge the gap. >> more polarized top to bottom. when you look at the coalitions of the national level, mitt romney won almost 90% of votes from whites, and president obama won over 40% from nonwhites. look at the states on issues like gay marriage or the obama health care plan. blue and red states leading you in very different directions. and you get...
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Dec 30, 2012
12/12
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at the top of that list, government spending cuts. that's about 8% to 10% in cuts to most every federal agency. also a pay cut for medicare doctors of 27% that would hit after january 1st. finally, don, there are a slew of other tax hikes. the alternative minimum tax is one that people talk about. the estate tax. these are all things that would affect average americans and which would hit on january 1st. so the fiscal cliff, it might be even bigger than people realize. don? >> lisa, thank you very much. >>> we've got a lot more planned for you this saturday night. here's what else is ahead. as our lawmakers wrestle with u.s. gun violence, chicago hits an awful milestone. 500 murders this year and counting. what's to blame? a former gang member and chicago's police superintendent join me live. >>> plus, president obama could tap this republican to lead the defense department. but not everyone wants to see a secretary hagel. why some of the loudest voices with coming from his own party. >>> and 2012 is almost history. but what's the tak
at the top of that list, government spending cuts. that's about 8% to 10% in cuts to most every federal agency. also a pay cut for medicare doctors of 27% that would hit after january 1st. finally, don, there are a slew of other tax hikes. the alternative minimum tax is one that people talk about. the estate tax. these are all things that would affect average americans and which would hit on january 1st. so the fiscal cliff, it might be even bigger than people realize. don? >> lisa, thank...
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Dec 30, 2012
12/12
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at the top of that list, government spending cuts. that's about 8% to 10% in cuts to most every federal agency. also a pay cut for medicare doctors of 27% that would hit after january 1st. finally, don, there are a slew of other tax hikes. the alternative minimum tax is one that people talk about. the estate tax. these are all things that would affect average americans and which would hit on january 1st. so the fiscal cliff, it might be even bigger than people realize. don? >> lisa, thank you very much. >>> we've got a lot more planned for you this saturday night. here's what else is ahead. as our lawmakers wrestle with u.s. gun violence, chicago hits an awful milestone. 500 murders this year and counting. what's to blame? a former gang member and chicago's police superintendent join me live. >>> plus, president obama could tap this republican to lead the defense department. but not everyone wants to see a secretary hagel. why some of the loudest voices with coming from his own party. >>> and 2012 is almost history. but what's the tak
at the top of that list, government spending cuts. that's about 8% to 10% in cuts to most every federal agency. also a pay cut for medicare doctors of 27% that would hit after january 1st. finally, don, there are a slew of other tax hikes. the alternative minimum tax is one that people talk about. the estate tax. these are all things that would affect average americans and which would hit on january 1st. so the fiscal cliff, it might be even bigger than people realize. don? >> lisa, thank...
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Dec 27, 2012
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how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a hand-written ledger. the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we are paying absolutely too much interest. >> reporter: it really bothers you? >> it bothers me, because it makes no sense. >> reporter: sense something garcia's wife of 59 years thinks her husband could use. do you think he's crazy? >> loco? >> reporter: call him crazy, but there is an entire federal office, the bureau of public debt, that collects money from hundreds of mr. garcias. this office in parkersburg, west virginia, was set up by president kennedy, so citizens could pay down the national debt. this year alone, it's collected $7.7 million in gifts, about $90 million since it was established. but $90 million isn't that much, especially when you consider the federal deficit is $16 trillion and climbing. to retire the debt, every single am
how much money have you sent the government? >> a little bit over $3,000. >> reporter: $3,197.88, to be exact. all tracked on a hand-written ledger. the last three years, garcia has been paying the government $50 a month of his postal service pension and money from cans he collects. >> we are paying absolutely too much interest. >> reporter: it really bothers you? >> it bothers me, because it makes no sense. >> reporter: sense something garcia's wife of 59...
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Dec 26, 2012
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justice scalia said certainly the government can regulate big weapons, but just what that means. and i think that's one of the subjects you'll hear a lot about when congress starts talking about gun control when it reconvenes next month. >> a very gray area. thanks so much. always good to see you, jeff toobin. >> merry christmas. >>> a chilling letter left behind by the gunman and arsonists who unleashed a deadly attack on firefighters. and a newspaper publishes the names and addresses of gun objectors. add up to 100 calories? your world. ♪ [ whispers ] real bacon... creamy cheese... 100 calories... [ chef ] ma'am [ male announcer ] progresso. you gotta taste this soup. share brotherly love. share one up's. mom ? mom ? the share everything plan. lets your family share a pool of data across 10 devices with unlimited talk and text. now get a lucid by lg, free. it's lots of things. all waking up. connecting to the global phenomenon we call the internet of everything. ♪ it's going to be amazing. and exciting. and maybe, most remarkably, not that far away. we're going to wake the
justice scalia said certainly the government can regulate big weapons, but just what that means. and i think that's one of the subjects you'll hear a lot about when congress starts talking about gun control when it reconvenes next month. >> a very gray area. thanks so much. always good to see you, jeff toobin. >> merry christmas. >>> a chilling letter left behind by the gunman and arsonists who unleashed a deadly attack on firefighters. and a newspaper publishes the names...
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Dec 24, 2012
12/12
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government spending shrinking. and defending on details of your own situation, various tax breaks slipping away. in other words what we're calling the fiscal cliff. a plan to stop it all from happening still alludes washington, so congress has broken camp for the holidays and the president has gone to holiday on vacation. brianna keilar is out there for us in honolulu, eight days away from the fiscal cliff. are there any contacts occurring on this topic between the president and anyone in congress, briana? >> reporter: there is an open line of communication, i would say, with senate democrats, hala. but there is really no substantive conversations between the folks that you with need for there to be conversations between in order to strike a deal. the white house and congressional republicans, and perhaps more alarmingly, senate democrats are not in conversations right now with senate republicans or with house republicans. and this is problematic obviously because in order to avoid the fiscal cliff, you would need
government spending shrinking. and defending on details of your own situation, various tax breaks slipping away. in other words what we're calling the fiscal cliff. a plan to stop it all from happening still alludes washington, so congress has broken camp for the holidays and the president has gone to holiday on vacation. brianna keilar is out there for us in honolulu, eight days away from the fiscal cliff. are there any contacts occurring on this topic between the president and anyone in...
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Dec 26, 2012
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his decision comes at a time when rebel forces are making gains over government troops for control of syria's major cities. >>> japan's parliament has elected shinzo abe as the prime minister. he says is he okay health wise now. abe has promised to revive the economy, address japan's debt and create a recovery plan for last year's earthquake, tsunami and nuclear disaster. >>> i hope you have a gift receipt for that. shoppers expected to flood stores to return or exchange gifts they don't fit, don't want. an analyst tells "the wall street journal" 10% to 15% of holiday sales come back as sales and exchanges. >>> a bus bomb targeting. we are live from the pentagon with details. >>> his time has come again, a man from the '60s is getting a start again, lester chambers joins us back. >>> welcome back to "starting point." we've been talking about the blizzard and storm warnings from the deep south all the way to new england. we'll look at seymour, indiana, lexi sheen has drawn the short straw, she's from wlky and getting hammered. >> reporter: that's right, drew. things have calmed down. l
his decision comes at a time when rebel forces are making gains over government troops for control of syria's major cities. >>> japan's parliament has elected shinzo abe as the prime minister. he says is he okay health wise now. abe has promised to revive the economy, address japan's debt and create a recovery plan for last year's earthquake, tsunami and nuclear disaster. >>> i hope you have a gift receipt for that. shoppers expected to flood stores to return or exchange gifts...
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Dec 24, 2012
12/12
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the latest on the devastation and why the government is firing on its own people. next. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid razr m by motorola for $49.99. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from national. because only national lets you choose any car in the aisle...and go. you can even take a full-size or above, and still pay the mid-size price. now this...will work. [ male announcer ] just like you, business pro. just like you. go national. go like a pro. >>> welcome back to "early start." the u.n. special envoy to syria speaking to president assad in the wake of another gruesome day. in what the u.n. special envoy to syria rahimi said. "we have exchanged opinions about the possible steps that can we taken in the future. the syrian president spoke about his view regardi the situation. i also talked about t
the latest on the devastation and why the government is firing on its own people. next. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. hurry in for a droid razr m by motorola for $49.99. executor of efficiency. you can spot an amateur from a mile away... while going shoeless and metal-free in seconds. and you...rent from...
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Dec 25, 2012
12/12
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that is what is so important and makes our government and our policies active instead of bureaucratic and flat. that is why i look for in people. i look for that energy. >> thank you, you have a lot of energy, secretary hilda solis, we're glad you came. [applause] c-span3 c-span2 >> by the time i was 9 years old, was handing out leaflets for robert kennedy and then i broke with the democratic party. i went to work for john lindsay who is running for mayor of new york. i went down to the liberal party to work for him i was handed out leaflets on the street corner in new york. some woman thought this was cute, this little boy handing out leaflets and chest and why and i made the case for john lindsay and got an early start on my political consulting career and made the case against his opponent as well. she said that is so cute and she handed me a box of pastry, a white box with string, and it took a back to the liberal party headquarters and we opened it up and there was all these doughnuts and a wad of $10 bills. in one of my early lessons and politics, the district's lawyer grabbed t
that is what is so important and makes our government and our policies active instead of bureaucratic and flat. that is why i look for in people. i look for that energy. >> thank you, you have a lot of energy, secretary hilda solis, we're glad you came. [applause] c-span3 c-span2 >> by the time i was 9 years old, was handing out leaflets for robert kennedy and then i broke with the democratic party. i went to work for john lindsay who is running for mayor of new york. i went down to...
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Dec 24, 2012
12/12
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that is based on a government measure of inflation. for social security they use the consumer price index. there is a new measure of inflation that the government has been considering for a while. on average, it is a little bit lower. it reflects a lower level of inflation than what the government has been using up until now. on average they tell us that the kola would be about .03% less. last year the increase was 3.6%. that's the biggest effective of adopting this new measure of inflation that the republicans put on the table. the reason why we're focusing on this and a lot of groups have been focusing on this is that the president, he agreed to because a year and half ago they were in talks. the talks fell apart. nothing is agreed to until everything is agreed to. however, the president put on the table this idea. so we have the president who has supported this in the past. we have the speaker of the house who supports it now. it makes it in play. our other political dynamics on capitol hill that make it a lot more difficult to adop
that is based on a government measure of inflation. for social security they use the consumer price index. there is a new measure of inflation that the government has been considering for a while. on average, it is a little bit lower. it reflects a lower level of inflation than what the government has been using up until now. on average they tell us that the kola would be about .03% less. last year the increase was 3.6%. that's the biggest effective of adopting this new measure of inflation...
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Dec 30, 2012
12/12
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there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen, those are so important. people are talking about i do not want children paying the bill. they will need social security as well. i want republicans to realize that they were elected to do the will of the people. not just the three% or whatever. they all need to understand that we are all affected by their thinking -- the president won the election, right? host: thank you for the call. i want to take you through some of the effects, if we do go off the fiscal cliff, if congress takes no action. this is the chart from the new york times of what will happen immediately and in the next couple months. in terms of the immediate tax increases, the payroll tax rise of 62% from four 0.2% and workers first $113,000 of income. capital gains, qualified dividend's, and estate and gift taxes are subject to higher taxes. higher earners face new taxes under the health care law. within the next couple glock -- a couple of
there is no shame in helping our government. this is our government. the republicans need to understand that social security and medicare -- listen, those are so important. people are talking about i do not want children paying the bill. they will need social security as well. i want republicans to realize that they were elected to do the will of the people. not just the three% or whatever. they all need to understand that we are all affected by their thinking -- the president won the election,...
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Dec 31, 2012
12/12
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be paying for that government. that's how i look at the issue. but there's no right or wrong, under what -- on whether our government is bigger or smaller. but charging it all on the national credit card and getting that bill to the next- generation is dangerous and damaging and it's wrong, particularly when the borrowing will not invest or grow the economy. i understand the point republicans make that if they put runners on the table, they want that to be combined with real spending cuts and entitlement reforms. that's part of the grand bargain. i also understand the point democrats make, which is there's growing income and -- income equality in this country. wells have been doing very well over the past years, so they want to make sure revenues are collected from the people. i think they're starting to be political agreement that it is acceptable, that we will raise the news and it will focus on people making some amount of money. none of this is going to be enough. will have to go back and look more carefully at
be paying for that government. that's how i look at the issue. but there's no right or wrong, under what -- on whether our government is bigger or smaller. but charging it all on the national credit card and getting that bill to the next- generation is dangerous and damaging and it's wrong, particularly when the borrowing will not invest or grow the economy. i understand the point republicans make that if they put runners on the table, they want that to be combined with real spending cuts and...
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Dec 26, 2012
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and -- on government. we've been able to feature some of the nation's most respected judges, legal scholars, lawyers, and policy analysts. the marquee event in this series is tonight's program, the joseph story distinguished lecture. the namesake of tonight's lecture, joseph story, became the youngest associate justice ever to serve on the united states supreme court when he was appointed by president madison in 1812. justice story made a significant mark on american law in his 33 years on the bench, but his greatest contribution to the jurisprudence is his renowned commentaries on the constitution. eminently quotable, justice story famously and correctly declared, quote, a constitution of government is addressed to the common sense of the people and never was designed for trials of logical skill or visionary speculation, unquote. this lecture series celebrates justice story's legacy in the law. prior joseph story lectures have been in judge robert bork, professor john harrison at the university virginia s
and -- on government. we've been able to feature some of the nation's most respected judges, legal scholars, lawyers, and policy analysts. the marquee event in this series is tonight's program, the joseph story distinguished lecture. the namesake of tonight's lecture, joseph story, became the youngest associate justice ever to serve on the united states supreme court when he was appointed by president madison in 1812. justice story made a significant mark on american law in his 33 years on the...
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Dec 26, 2012
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along with military reform, the vrsc government must expand government's -- governments across the country. the government across the country has allowed armed units set up parallel administrations and explored the population. government efforts must include electoral reform, holding a long delayed provincial and local elections, and strengthening state institutions to provide much needed public services. we believe the time has come for the drc and the international community to permanently break the cycle of violence and impunity that exists in the region. today's crisis is a deep tragedy. but it also offers an opportunity to help the drc and the regent -- the region to set itself on its path toward peace and prosperity. we encouraged them to achieve the goals that we all seek. thank you, mr. chairman. >> thank you very much. secretary, please describe the strategic defense priorities within africa and how does the situation in the drc situation with these priorities? >> thanks for the question. a person and foremost, the prairie recently has been on counterterrorism issues. -- first and
along with military reform, the vrsc government must expand government's -- governments across the country. the government across the country has allowed armed units set up parallel administrations and explored the population. government efforts must include electoral reform, holding a long delayed provincial and local elections, and strengthening state institutions to provide much needed public services. we believe the time has come for the drc and the international community to permanently...
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Dec 26, 2012
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it is not our government, our people in the government that are making the decisions. it is the high power that controls the world right now and they are trying to make it one world. one world is not coming fast enough. host: let's hear from our guest. guest: there is some contentious congressman that would disagree with that summation. host: one more question for you, douglas wissing. do you want to speak broadly to the drug trade as to how it affects afghanistan right now? guest: in the last year and the taliban was in power in afghanistan, they white dowd opium production. within a few years after the invasion, 90% of the world's opium was coming out of afghanistan. it reestablished itself at lovers -- at levels that had not been seen before. that is part of the toxic nexus that i was talking about. powerful insiders and the insurgents or all connected with that -- were all connected with that. programs have cost hundreds of millions of dollars but they have done almost nothing to impact the drug trade in afghanistan. host: richard from illinois, you are on the air
it is not our government, our people in the government that are making the decisions. it is the high power that controls the world right now and they are trying to make it one world. one world is not coming fast enough. host: let's hear from our guest. guest: there is some contentious congressman that would disagree with that summation. host: one more question for you, douglas wissing. do you want to speak broadly to the drug trade as to how it affects afghanistan right now? guest: in the last...
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Dec 25, 2012
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one part of the government had one piece and they did not connect the dots. in the intelligence business, you're getting information from very technical sources or wiretaps or satellites that we do not want other people to know about. people in the business want to usually keep the stuff they collect in as small a group responsible in order to avoid the other big problem of moles and so forth. if you look at wikileaks, this was bradley manning who down the the stuff from a forward operating base. there was an archive that was available to thousands of people that had thumb drives that people could take for themselves. that is an example of where sharon went too far. i remember when he first spoke publicly about it. host: oklahoma city is up next, on our democrats' line. caller: good morning. first of all, about been gauzy. i do not think anyone could have foreseen what happened in benghazi. it was not much different. they were both just using talking points. same thing with john kerry. he was in vietnam. at least he went to the party. guest: i think i disagre
one part of the government had one piece and they did not connect the dots. in the intelligence business, you're getting information from very technical sources or wiretaps or satellites that we do not want other people to know about. people in the business want to usually keep the stuff they collect in as small a group responsible in order to avoid the other big problem of moles and so forth. if you look at wikileaks, this was bradley manning who down the the stuff from a forward operating...
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Dec 26, 2012
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, the governments to protect us. we have to do that because we do not have the ability to have enough troops on the ground and most of the country will not allow us. so we are one of the tasks secretary clinton asked, when we send out the assessment team, to very good questions. i countries intent to protect us and their ability to protect us. sometimes those two are different. what we referred to as the new normal, we have to ask yourself those questions. >> would you write to us and let us know if there's any other -- that are relying on militia? thank you. >> thank you, mr. chairman. i, too, want to thank senator lugar for many, many years of great service and will miss him. and also want to wish secretary clinton a speedy recovery but i do think it's imperative, that we appreciate both of you, i think it's imperative that you can before this committee and i think it will be a shame to turn the page on this without, and go to a new regime without her being here. i do look forward to that happening, whenever her he
, the governments to protect us. we have to do that because we do not have the ability to have enough troops on the ground and most of the country will not allow us. so we are one of the tasks secretary clinton asked, when we send out the assessment team, to very good questions. i countries intent to protect us and their ability to protect us. sometimes those two are different. what we referred to as the new normal, we have to ask yourself those questions. >> would you write to us and let...
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Dec 25, 2012
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a limited government with limits defined by the natural rights of the government. does this entail religious beliefs question mar? i believe that religion has been, and can still be, supremely important and helpful to the flourishing of our democracy. i do not believe it is necessary for good citizenship. regarding the question of our government's logic, i do not think the idea of natural rights requires a religious foundation. or even that the founders uniformly thought so. it is indubitably the case that natural rights are especially grounded when they are grounded in religious doctrine. i come at this large subject a bit obliquely. we in journalism are admonished not to bury the lead. we are supposed to put the most important point early on in our story. i will begin rizzoli by postulating the following -- - briskly by postulating the following. --- the decision made in the first decade of the last century about where to locate princeton university's graduate college. princeton's president, woodrow wilson, want to be graduate college located on the main campus.
a limited government with limits defined by the natural rights of the government. does this entail religious beliefs question mar? i believe that religion has been, and can still be, supremely important and helpful to the flourishing of our democracy. i do not believe it is necessary for good citizenship. regarding the question of our government's logic, i do not think the idea of natural rights requires a religious foundation. or even that the founders uniformly thought so. it is indubitably...
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Dec 25, 2012
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if angels were to govern men, night external or internal controls on government would be necessary. so said madison, we must have a policy of supplying by opposite and rival interest that defect better not tives. but neither madison nor the other founding father's should predispose without there being good not tives somewhere. such not tives are man testations of good character. our founders were not so foolish as to suppose that freedom can thrive or survive without appropriate education and nourishments of character. they understood this must mean education broadly understood to include not just schools, but all the institutions of civil society that explain freedom and equip citizens with the virtues freedom requires. these virtues include strussness, self-control, mod ization. these reinforce the ration nalt essential to human happiness. notice when madison like the founding father's generally spoke of human nature, he was not speaking as modern progress ives do as manage inconstant, something evolving, something constantly formed and reformedly changing social and other histori
if angels were to govern men, night external or internal controls on government would be necessary. so said madison, we must have a policy of supplying by opposite and rival interest that defect better not tives. but neither madison nor the other founding father's should predispose without there being good not tives somewhere. such not tives are man testations of good character. our founders were not so foolish as to suppose that freedom can thrive or survive without appropriate education and...
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Dec 26, 2012
12/12
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there's been governments in persian speaking on the plateau going back. it's on the caspian and of the gulf of the greater of middle east. it has central asia on one hand. this regime may have trouble yet transform itself and it may be overthrown but there will always be iran. saudi arabia is more tenuous. it's the creation of a family. it's not synonymous with of the arabian peninsula. there are -- they've always had trouble keeping them in line being more cosmopolitan, so you know, in iran is very strongly institutionalized. it's not a one-man -- it has different centers of power that or against each other and a complex bureaucratic border. again the gift of the iranian plateau and the. i would say that our brand strategy has to be that the u.s. has been estranged for the third of the century between 48 and 72. at some point and this is what they think about there has to be the u.s.. does all of iran support the nuclear program but it's unclear all of iran supports nuclear weapons, you know, there's a distinction so the critical factor is what do we nee
there's been governments in persian speaking on the plateau going back. it's on the caspian and of the gulf of the greater of middle east. it has central asia on one hand. this regime may have trouble yet transform itself and it may be overthrown but there will always be iran. saudi arabia is more tenuous. it's the creation of a family. it's not synonymous with of the arabian peninsula. there are -- they've always had trouble keeping them in line being more cosmopolitan, so you know, in iran is...
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Dec 24, 2012
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but i would blame the government most of all for that initial reaction. >> thank you. yes. >> yes, personally don't think we should have gone the middle east in a war for any reason, but bush had to have his war. the russians failed, the british failed. don't you think we started all these clans and these factions -- haven't we stirred them up by starting these things we did? can you comment on that? >> comment on how we can -- >> well, not on -- well, you kind of tried to say what we could do, but didn't we serve all this stuff up anyway going into iraq? >> oh, yes, yes. >> the clans, the factions. if the british couldn't do it and the -- what made us think we could do anything? >> you know, it's -- everyone thinks they can do it better. everyone thinks they have the right answer because they have history as a guide, and often times it's proven to be a mistake. that those forces that made it so difficult for the british and the french have also made it difficult for the americans and the russians, and so forth, and i remember during self episodes of u.s. direct involv
but i would blame the government most of all for that initial reaction. >> thank you. yes. >> yes, personally don't think we should have gone the middle east in a war for any reason, but bush had to have his war. the russians failed, the british failed. don't you think we started all these clans and these factions -- haven't we stirred them up by starting these things we did? can you comment on that? >> comment on how we can -- >> well, not on -- well, you kind of tried...
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Jan 1, 2013
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government than mexico's government. the fact is that mexico does not treat the residents of the northern territories well. it's not interested in them. it does not provide them with protection from indian tries, and a lot of the people, particularly, large land ordinary persons in california actually come on board the u.s. cause, and they support u.s. troops. they provide troops with horses and ammunitions issue and those people all lose their land because the fact of the matter is although there are supposed legal rights that are given these people, the way that property dispiewlts play out is in local courts, and they are racist against mexican people. pretty much everybody in california who is mexican ends up losing their lands, and you see similar things going on in new mexico so basically it's really not -- it's not a happy story in any way. in terms of the larger question that you're asking about, attitudes towards mexican people, there's an op-ed piece i published not long ago looking at the u.s.-mexican war of t
government than mexico's government. the fact is that mexico does not treat the residents of the northern territories well. it's not interested in them. it does not provide them with protection from indian tries, and a lot of the people, particularly, large land ordinary persons in california actually come on board the u.s. cause, and they support u.s. troops. they provide troops with horses and ammunitions issue and those people all lose their land because the fact of the matter is although...
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Dec 31, 2012
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we had been running operation mongoose, which was our counterinsurgent si program against the castro government. so it's clear the u.s. was planning an invasion. khrushchev trial -- trying to kill two birds with one stone. the united states was so far ahead with the acknowledge to deliver warheads we thought we could but the ballistic missiles in cuba and that would offset the american advantage and could deter a u.s. invasion of cuba. the mistake was not announcing the weapons were the and not announces he also had 100 battlefield nuclear weapons there, which the united states didn't find out not 1992, and mcna marriage a turned white and almost passed out when he found out about that. >> the secretary of defense. >> the united states stops -- discovered that with our flights and the tension builds and we have a blockade around cuba, and one thing that happens at that time is a soviet submarine is found by american ships, and they start to drop missile charges, depth charges, on it -- on the soviet submarine. they knocked out their electrical system. carbon dioxide was rising. people were pass
we had been running operation mongoose, which was our counterinsurgent si program against the castro government. so it's clear the u.s. was planning an invasion. khrushchev trial -- trying to kill two birds with one stone. the united states was so far ahead with the acknowledge to deliver warheads we thought we could but the ballistic missiles in cuba and that would offset the american advantage and could deter a u.s. invasion of cuba. the mistake was not announcing the weapons were the and not...
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why doesn't the government have to do that? i feel very strongly that you know, we are held to some limitations. in fact it i against the law, if at times i was to spend more money than i actually have. doesn't make any sense. adam: no, it would make you a politician. >> absolutely. absolutely. there is no skin in the game. yeah, granted i have accountability. i haveaccountability to clients, employees, to produce the best product and service that we possibly can. adam: sure. >> i don't think that is here. i don't think that evidence. i think that we've got people coming and going. will cause for great disruption and going to continue for years and years. adam: steve, let me ask you, when the president spoke mid-afternoon today, did he poke, take his finger and poke it in the eye of the republicans saying i beat you up and now i spit on you? seems like he w doing all he could to destroy whatever deal was on the table? >> i think there were two problems what he said. one was tone. the other was substance. if you look at the tone
why doesn't the government have to do that? i feel very strongly that you know, we are held to some limitations. in fact it i against the law, if at times i was to spend more money than i actually have. doesn't make any sense. adam: no, it would make you a politician. >> absolutely. absolutely. there is no skin in the game. yeah, granted i have accountability. i haveaccountability to clients, employees, to produce the best product and service that we possibly can. adam: sure. >> i...
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the directer of exterm government affairs with economic policy institute thinks the report proves me wrong. never. fortunately, he was brave enough to come on and disagree with med >> clearly, we released findings several weeks ago, niceto see it confirmed by the congressional budget office. it's not to say when you increase taxes there's economic consuences. of course, there are.e it will cost jobs. melissa: done, deba over. >> it cost jobs less than doingm other things.ss melissa: like what?a:>> >> if you read further in the report, it talks about the expiring payroll tax cut as well as provisions on unemployment insurance will actually cost up to five times as many jobs as t tax cuts for the rich. there's betterays to usellar public dollars than tax cuts for the rich.'re that's all we're saying. melissa: i don't know why you want to raise taxes on anyoneyoe when the economy is basically stalled.ms seems crazy to me. >> well, at some point, eveone s says in washington we have to do someing about the deficit, and here's a good place to start.str if you need to actually bring i, reve
the directer of exterm government affairs with economic policy institute thinks the report proves me wrong. never. fortunately, he was brave enough to come on and disagree with med >> clearly, we released findings several weeks ago, niceto see it confirmed by the congressional budget office. it's not to say when you increase taxes there's economic consuences. of course, there are.e it will cost jobs. melissa: done, deba over. >> it cost jobs less than doingm other things.ss melissa:...
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Dec 27, 2012
12/12
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this next story won't do much to bolster your trust in government either. wall street journal reporting the counterterrorism center nowe has a massive database of civilian information that it plans to use to track innocentet people for possible suspicious behavior without probable cause the database could potentially include everything from the flight information to health records and it can be kept up to five years. some in the obama administration will reportedly opposed to the government dragnet and invasion of privacy, but attorney general eric holder approved it anyway.b the free and brave, how about the land of pansies and the home of whiners. have we become oversensitive culture? we will tell you what he says, talking with a brand-new book, talking with a brand-new book, the joy of hate. nfc, afc, offensive neman, defensive tackles, quarterbacks and cornerbacks are all living united. to ensure the academic success of millions of kids in our communities. all the way to graduation day. but that won't happen without you. so take the pledge at unitedway.
this next story won't do much to bolster your trust in government either. wall street journal reporting the counterterrorism center nowe has a massive database of civilian information that it plans to use to track innocentet people for possible suspicious behavior without probable cause the database could potentially include everything from the flight information to health records and it can be kept up to five years. some in the obama administration will reportedly opposed to the government...
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Dec 27, 2012
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this next story won't do much to bolster your trust in government either. wall street journal reporting the counterterrorism center nowe has a massive database of civilian information that it plans to use to track innocentet people for possible suspicious behavior without probable cause the database could potentially include everything from the flight information to health records and it can be kept up to five years. some in the obama administration will reportedly opposed to the government dragnet and invasion of privacy, but attorney general eric holder approved it anyway.b the free and brave, how about the land of pansies and the home of whiners. have we become oversensitive culture? we will tell you what he says, talking with a brand-new book, the joy of hate. copd makes it hard to breathe, but with advair, i'm breathing better. so now i can be in the scene. advair is clinically proven to help significantly improve lung function. unlike most copd medications, advair contains both an anti-inflammatory and a long-acting bronchodilator working together the
this next story won't do much to bolster your trust in government either. wall street journal reporting the counterterrorism center nowe has a massive database of civilian information that it plans to use to track innocentet people for possible suspicious behavior without probable cause the database could potentially include everything from the flight information to health records and it can be kept up to five years. some in the obama administration will reportedly opposed to the government...
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Dec 27, 2012
12/12
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it's government. it's regulation. try to get a drilling permit. try and go through and drill shale now. you're seeing popular opinion push back on shale and tight oil which is the growth industry in the energy space right now. i mean there's a movie coming out next month about the evil of. adam: fracking right. >> evil energy executives who want to frack. adam: the prom is land is what it is called. >> you see push back. if we produce a lot more energy, absolutely. adam: a lot of us are intrigued by the ability of this country especially those of us who grew up in the '70s and '80s with oil being such a problem like the idea of the united states being energy independent. when you talk about that movie and fracking, certainly natural gas will play an important role in this country's future. it is making people wealthy and puttings people to work in parts of the country where they are allowing fracking. a recent governmental report that the environmental impact isn't known just yet. should we be rushing head long into this or slow down a bit? it wil
it's government. it's regulation. try to get a drilling permit. try and go through and drill shale now. you're seeing popular opinion push back on shale and tight oil which is the growth industry in the energy space right now. i mean there's a movie coming out next month about the evil of. adam: fracking right. >> evil energy executives who want to frack. adam: the prom is land is what it is called. >> you see push back. if we produce a lot more energy, absolutely. adam: a lot of us...
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Dec 25, 2012
12/12
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next big government bailout this time. the federal housing administration heading toward collapse t could cost taxpayers billions. we'll get to that and so much more "money" coming up! stay with us. melissa: we are back now with "money"'s executive roundtable. jim amos, chairman of tasty delight and plan net smoothie. catherine monson from fast signs and jamie of white castle. catherine, you were talk about afraid to speak out and customers or groups that support them. fred smith is doing that exactly the opposite in my opinion. he is a been in my opinion a champion of free enterprise in the past. he says there is lot of mythology in washington. going on the vast majority of jobs in the united states are produced by capital investment, business and software, not small business. it is done by big business. he is trying to make the point there's a lot of mythology in washington about rising taxes, eliminating jobs and it is just not the case. i don't, catherine, do you believe he believes this? and, or do you think he is say
next big government bailout this time. the federal housing administration heading toward collapse t could cost taxpayers billions. we'll get to that and so much more "money" coming up! stay with us. melissa: we are back now with "money"'s executive roundtable. jim amos, chairman of tasty delight and plan net smoothie. catherine monson from fast signs and jamie of white castle. catherine, you were talk about afraid to speak out and customers or groups that support them. fred...
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Dec 26, 2012
12/12
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not giving them to the government to feed the beast that keeps spending and spending our money. instead they're allowed to hang onto a small portion of their profits. >> that is actually not really accurate. there have been numbers of studies, most recently from the organisation for economic co-operation and development but also last year we saw a bill proposed in congress from senator sanders and representative elliso, all of which identify over $10 billion annually that are going to the fossil fuel industry in subsidies. melissa: but you say hard-earned dollars. congress doesn't have any money. they don't have money to give the money they have is my money taken from me. it is companies money they have paid in. it is tax revenue. exxon is hanging on to earnings, rather these are deductions rather than sending even more tax dollars they're paying less tax based on investments they're making. you're calling those things subsidies. that is not congress's money that is exxon's money hanging on to but they'r not taking money back. they're hanging onto the money they have earned. do
not giving them to the government to feed the beast that keeps spending and spending our money. instead they're allowed to hang onto a small portion of their profits. >> that is actually not really accurate. there have been numbers of studies, most recently from the organisation for economic co-operation and development but also last year we saw a bill proposed in congress from senator sanders and representative elliso, all of which identify over $10 billion annually that are going to the...
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Dec 28, 2012
12/12
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in the long run that is what i'm worried about, how big is government? how much of our economy's resources will be diverted and consumed by government? because i don't want to become greece or france or one of these stagnant slow growth welfare states. think evidence is very clear that fiscal policy does matter for an economy's performance. doesn't mean we have a recession if taxes go up but it does mean that government will be bigger and our growth rate in the long run maybe instead of 2.7, it is 2.6. that doesn't sound like much but because of compounding it adds up. adam: dan, i don't think there is any danger we become greece or france in a lot of ways. we're not a socialist country yet and greece is a whole different ball of wax. rich, the discussion about the economy, the spending cuts that they're talking about do put people out of work and that would have a negative effect on the economy, would it not? >> it would, adam. real quick, a bit of news here. president obama will deliver a statement at 4:45, something i imagine we'll cover live here on
in the long run that is what i'm worried about, how big is government? how much of our economy's resources will be diverted and consumed by government? because i don't want to become greece or france or one of these stagnant slow growth welfare states. think evidence is very clear that fiscal policy does matter for an economy's performance. doesn't mean we have a recession if taxes go up but it does mean that government will be bigger and our growth rate in the long run maybe instead of 2.7, it...